Turner CEO John Martin is leaving as AT&T closes its merger with Time Warner, as is former Time Warner CEO Jeff Bewkes, who was previously slated to stay on as an adviser for up to 12 months.
The Time Warner name will cease to exist once the final deal is inked.urner CEO John Martin is leaving as AT&T closes its merger with Time Warner, as is former Time Warner CEO Jeff Bewkes, who was previously slated to stay on as an adviser for up to 12 months. The Time Warner name will cease to exist once the final deal is inked.
Also leaving are Gary Ginsberg, a top Time Warner communications executive; chief human resources officer Karen Magee; CFO Howard Averill, executive VP of global public policy Carol Melton; and executive VP of international and corporate strategy Olaf Olafsson.
The newly dubbed Warner Media, which will house Turner, CNN and HBO, will now be headed by John Stankey, who will report to a new superior, AT&T CEO Randall Stephenson. Reporting directly to Stankey will be HBO CEO Richard Plepler; Warner Bros. CEO Kevin Tsujihara; president of CNN worldwide Jeff Zucker; Turner president David Levy; Turner International president Gerhard Zeiler; and Jim Meza, an AT&T exec who worked with the Time Warner litigation team during the mergerapproval process.